Gateway Wealth Partners LLC boosted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 160.2% during the first quarter, Holdings Channel reports. The firm owned 98,088 shares of the company’s stock after purchasing an additional 60,395 shares during the quarter. iShares S&P 500 Value ETF comprises about 0.8% of Gateway Wealth Partners LLC’s holdings, making the stock its 23rd biggest position. Gateway Wealth Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $20,711,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also added to or reduced their stakes in the stock. Rockwood Wealth Management LLC grew its holdings in shares of iShares S&P 500 Value ETF by 2.7% in the first quarter. Rockwood Wealth Management LLC now owns 1,785 shares of the company’s stock worth $377,000 after acquiring an additional 47 shares during the period. Flagship Private Wealth LLC increased its position in shares of iShares S&P 500 Value ETF by 1.1% during the 4th quarter. Flagship Private Wealth LLC now owns 4,250 shares of the company’s stock valued at $901,000 after purchasing an additional 48 shares during the last quarter. Patten & Patten Inc. TN lifted its stake in shares of iShares S&P 500 Value ETF by 4.8% in the 4th quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock worth $222,000 after purchasing an additional 48 shares during the period. Bernardo Wealth Planning LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 0.5% in the fourth quarter. Bernardo Wealth Planning LLC now owns 9,495 shares of the company’s stock worth $2,014,000 after buying an additional 49 shares during the last quarter. Finally, Stegner Investment Associates Inc. grew its position in iShares S&P 500 Value ETF by 0.3% during the fourth quarter. Stegner Investment Associates Inc. now owns 16,304 shares of the company’s stock valued at $3,457,000 after buying an additional 49 shares during the period.
iShares S&P 500 Value ETF Price Performance
NYSEARCA:IVE opened at $231.36 on Monday. iShares S&P 500 Value ETF has a one year low of $193.90 and a one year high of $233.57. The business has a fifty day moving average price of $228.16 and a 200-day moving average price of $221.36. The firm has a market capitalization of $48.92 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.
iShares S&P 500 Value ETF Profile
iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.
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